Bank Credits - Law Dictionary Search Results

Credit Institution, means all or any of the following, namely: (i) a banking company; (ii) a corresponding new bank; (iii) a Regional Rural Bank; (iv) a co-operative bank; (v) a financial … Credit Institution, means all or any of the following, namely: (i) a banking company; (ii) a corresponding new bank;

consumer credit

consumer credit : credit extended by merchants or banks to finance the purchase of consumer goods (as home appliances) or services (as travel or hotel accommodations) compare … consumer credit : credit extended by merchants or banks to finance the purchase of consumer goods (as home appliances) or

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credit union

: a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) … credit union : a cooperative association that makes small loans to its members at low interest rates and offers

bank

Matched in: Term bank

Loan societies

loss of interest as a result of carrying excessive cash which is necessary in the case of cash credits and overdrafts. Loan accounts are said to have a lower operating cost than cash credits and overdrafts because … Vict. c. 56), forms of proceeding of a similar nature to those prescribed in the Acts regulating savings banks and friendly societies are requisite to enable loan societies to avail themselves of this Act, and see 51

Deposit

possession of another person's property by finding it; and a special deposit of money or bills in a bank, where the specific money, the very silver or gold coin, or bills deposited, are to be restored and … banking company) in respect of all his accounts, by whatever name called, with a banking company and includes credit balances in any cash credit account. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s.

Financial Institution

Financial Institution, means a banking company to which the Banking Regulation Act, 1949 (10 of 1949) applies (including any bank or banking institution … Money-Laundering Act, 2002 (15 of 2003), s. 2(1) (l)] A business organisation or other entity that manage money, credit or capital such as a bank credit union, savings and loan association, securities broker and dealer, pawnbroker, or

deposit

place for safekeeping or as security [may the property with the court] ;esp : to put in a bank account 2 in the civil law of Louisiana : to place (movable property) under a deposit [the depository … trust 2 : something placed for safekeeping: as a : money deposited in a bank esp. to one's credit demand deposit : a bank deposit that can be withdrawn without prior notice general deposit : a deposit

Credit information

borrowers; (iv) the credit worthiness of any borrower of credit institution; (v) any other matter which the Reserve Bank, consider necessary for inclusion in the credit information to be collected and maintained by credit information companies, and … Credit information, means any information relating to (i) the amount and the nature of loans or advances, amounts outstanding

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